2Q Indicator Details a Struggling Middle Market

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Despite falling growth, hiring and investment, quarterly report shows signs of a cautious approach to recovery  Q2 2020 hedge fund letters, conferences and more The Middle Market’s Performance COLUMBUS, OHIO — The U.S. economy has been upended since the COVID-19 pandemic was officially declared in March 2020. And while the middle market has suffered declining […]

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Coronavirus stimulus checks almost confirmed: who may be eligible

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Democrats and Republicans disagree on a lot of points when it comes to what the next relief package should include. Fortunately, the stimulus check is not one of them. Democrats have long been calling for another round of stimulus checks, but now Senate Majority Leader Mitch McConnell has confirmed that their coronavirus relief proposal will […]

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Bill Ackman On SPAC Structure And Hedging

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CNBC excerpts: First on CNBC: Pershing Square Capital Management CEO Bill Ackman speaks with CNBC’s “Squawk Box” today, discussing SPAC structure and hedging. Q2 2020 hedge fund letters, conferences and more   Following are excerpts from the unofficial transcript of a FIRST ON CNBC interview with Bill Ackman, Pershing Square Capital Management CEO, on CNBC’s […]

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How The First Amendment Can Fight BLM Messages

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How The First Amendment Can Fight BLM Messages, Rosewood City Removes Street Art After Receiving Demand Q2 2020 hedge fund letters, conferences and more Fighing BLM Messages With The First Amendment WASHINGTON, D.C. (July 22, 2020) –  Many cities have permitted supporters of Black Lives Matter [BLM] and related causes to post messages supporting their […]

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The Lessons From The Implosion Of Wirecard AG

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Whitney Tilson’s email to investors discussing Wirecard AG (ETR:WDI) demonstrates the critical role played by activist short sellers; how Germany’s SEC dismissed a decade of warnings about Wirecard; Germany’s long, lonely campaign: battling Wirecard’s short sellers; step 3 of cultivating mentors. Q2 2020 hedge fund letters, conferences and more Wirecard AG Demonstrates The Critical Role […]

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Existing Home Sales Surged Higher By The Most On Record

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Commenting on the existing home sales and  today’s trading Gorilla Trades strategist Ken Berman said: Q2 2020 hedge fund letters, conferences and more The major indices are mixed and flat at midday, following another choppy morning session on Wall Street. While we got another batch of positive earnings reports, this time from the healthcare sector, […]

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Swiss Re reports $2.5bn of H1 Covid-19 pandemic impacts

Global reinsurance giant Swiss Re has reported what it calls a “significant addition” to its loss reserves for the Covid-19 pandemic, taking the total first-half 2020 hit from the coronavirus to $2.5 billion. As a result of this impact, Swiss Re said that it expects to report a net loss of approximately $1.1 billion for…

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